Calculate your Roth IRA growth and tax-free retirement income. 2026 contribution limits and income phase-out calculator.
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CalcLeap Editorial Team
Reviewed by certified professionals · Last updated April 1, 2026
Calculate your Roth IRA growth and tax-free retirement income. 2026 contribution limits and income phase-out calculator.
What Is a Roth IRA?
A Roth IRA lets you contribute after-tax dollars that grow and can be withdrawn completely tax-free in retirement. In 2026, the contribution limit is $7,000 ($8,000 if 50+). Income limits apply: single filers must earn under $161,000 for full contributions.
Roth IRA vs Traditional IRA
With a Traditional IRA, you get a tax deduction now but pay taxes on withdrawals. With a Roth, you pay taxes now but everything — contributions AND growth — comes out tax-free after 59½. If you expect higher taxes in retirement, Roth wins.
The Power of Tax-Free Growth
$7,000/year invested for 35 years at 7% grows to over $1.1 million — all tax-free. The same amount in a taxable account at a 22% tax rate would leave you with roughly $860,000 after taxes.
⚠️ Disclaimer: This calculator provides estimates for educational and informational purposes only. Results are not financial advice and should not be relied upon for making financial decisions. Actual results may vary based on individual circumstances, market conditions, and other factors. Always consult a qualified financial advisor, CPA, or licensed professional before making financial decisions. CalcLeap is not a financial institution and does not provide financial advisory services.
📐 How We Calculate This
Our calculator uses the latest federal and state tax brackets published by the IRS and state revenue departments. We apply standard deductions, personal exemptions, and marginal tax rates for the current tax year.
Results account for filing status, income level, and applicable credits. We update our tax data within 48 hours of any IRS or state announcements. For complex situations (AMT, self-employment, capital gains), consult a licensed CPA.